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JHVIT Small Company Value Trust Ser I

The investment seeks long-term growth of capital.
The fund invests at least 80% of assets in common stocks of small companies with market capitalizations that do not exceed the maximum market capitalization of any security in the Russell 2000 Index. It invests up to 20% of total assets in other securities, including foreign securities. The fund may invest in fixed-income and convertible securities without regard to quality or rating, including up to 10% in non-investment grade fixed-income securities.